The latest issue of Financial Standard now available as an e-newspaper
Calls for Royal Commission into housingBY ELIZABETH MCARTHUR | WEDNESDAY, 16 JUN 2021 12:43PM
Researchers from the University of New South Wales have issued an alarming report on the state of the Australian housing market, referring to it as a "beast" that is "rampaging through the economy".Read more: Royal Commission, University of New South Wales, University of South Australia, National Cabinet, Bill Randolph, Chris Leishman, Duncan Maclennan, Fatemeh Aminpour, Hal Pawson, Jinqiao Long, Reserve Bank of Australia, University of Glasgow
Lifecycle MySuper was a better bet than single strategy default funds for members below 40 years of age in FY21 as the equity markets rebounded after COVID, according to Rainmaker Information.
The advice group has appointed a head in Queensland, reporting to chief executive Terry Dillon.
Australia's exchange traded product market reached $115 billion at the end of June 2021, increasing 76% in 12 months - but according to Rainmaker research, only a small portion of that growth came from performance.
The chair of Clime Investment Management and one of its shareholders are calling for the removal of long-serving executive Neil Schafer.
|Brought to you by|
|Keep up to date, don't be the last to know! Get the Financial Standard Daily Newsletter.|